By: Kelvin Chiringa The Namibia Investment Promotion and Development Board (NIPDB) has been accused of Intellectual Property (IP) theft by two local entrepreneurs who have since written a letter to them. The investment board recently introduced the idea of a Namibian Retail Store code-named Ostora, a branded retail store which will stock Namibian made goods […]

By: Nghiinomenwa Erastus The fuel price increase has contributed 7,7% to the increase in agri-inputs cost for the first half of the year while increasing Namib Mills’ cost of distribution by 8% by July 2021. Moreover, the cost of living locally as measured by the Consumer Price Index has also been on the increase due […]

By: Kelvin Chiringa Prime Minister Saara Kuugongelwa-Amadhila’s husband Tobias Amadhila has said that he never secured his Development Bank of Namibia (DBN) loans by leveraging on the power of his wife. The PM’s husband came under fire from unionists and politicians who have asked him to explain how he was able to secure N$180 million […]

By: Nghiinomenwa Erastus A top official in the trade ministry says Namibia needs to revisit the trade agreements it has entered into in the past to ensure they conform to the country’s current growth aspirations and ambitions. Michael Humavindu, who is the deputy executive director for the Industrial Development Department in the Ministry of Industrialisation […]

By: Nghiinomenwa Erastus For the past 15 months the economy has registered 12 364 new people seeking employment while 11 699 people were retrenched. At the same time, the economy/employers created 3 772 employment opportunities and employed only 655 through the Namibia Integrated Employment Information System (NIEIS). This is according to the labour ministry’s five […]

By: Nghiinomenwa Erastus From 2015 to 2018 the mineral sector projects employment data exhibit a strong gender bias in the distribution of risks and benefits, revealed the Southern Africa Resource Watch. Employment data show that of the total mineral sector permanent employment only 20,9% were females in 2015 to 2016, 17,4% in 2016 to 2017, […]

By: Nghiinomenwa Erastus MOST producers reduced their herd by almost 50%, since 2019 with more young animals sold. The Namibia Agricultural Union (NAU), second quarter Agri-Review for 2021, revealed. Research Bertha Ijambo, highlighted in the report that calves born at the beginning of 2019 and 2020 (i.e., January) were likely to be marketed as oxen […]

By: Hellen Andreas The Lilagati village has now been given David Nghipunduka as its headman whose inauguration occurred over the weekend. In his acceptance speech, Nghipunduka said the community under his leadership should not only come with disputes but join hands in creating projects for job creation. Ondonga King, Fillemon Shuumbwa Nangolo, and Oukwanyama Queen, […]

By: Andrew Kathindi The journey to replace incumbent Ombudsman John Walters began on Friday morning 27 August with a public interview conducted by the Judicial Service Commission (JSC). The three candidates were interviewed by Chief Justice Peter Shivute, as well as Commissioners, Deputy Chief Justice, Petrus Damaseb, the Attorney General, Festus Mbandeka, Advocate Vicki Erenstein […]

By: Nghiinomenwa Erastus The 18 months of vulnerability on the part of some enterprises cannot be solved by extending more debts but options such as equity financing need to be assessed. The Development Bank of Namibia (DBN) chief executive officer, Martin Inkumbi suggested last week that the solution could be in providing optional capital to […]